3PL Links

NOVEMBER 19, 2024

4PL: From supplier to end customer With broader operations than 3PL, the 4PL partner guarantees supplier management and technology integration throughout the process. 4PL simplifies and speeds up the logistics function, using technology to obtain greater visibility and operational discipline for various partners and suppliers.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

Logistics Business Magazine

APRIL 17, 2024

Companies must also consider cost implications, accurate demand forecasting, trend analysis, process automation, and logistics considerations. Accurate demand forecasting and trend analysis enable companies to anticipate customer needs, ensuring products are available when and where they’re wanted.

Supply Chain Software 60

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 60

Logistics Bureau

NOVEMBER 3, 2024

Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 71

GlobalTranz

FEBRUARY 24, 2016

As a result, many manufacturers have deployed extensive process review and analysis programs to move towards a higher level of lean manufacturing. The key barrier to each process is the need for data review and analysis of key performance indicators in a digital, portable, and connected setting.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business. Some companies are setting up bilateral supply chains.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business. Supplier management. Supplier ranking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

NOVEMBER 6, 2020

Storage costs will vary dependent on your type of storage; for example if you own your own warehouse, you may have more control over your costs than if you use a Third Party Logistics (3PL) provider. Originally published Oct 2015; updated Nov 2020.

Inventory Reduction 40

Inventory Reduction Purchasing Skills Optimal Sourcing Cost Reduction 40

EazyStock

MARCH 3, 2022

Using ABC analysis will help you categorize your stock items and assign different stocking policies to each group. You’ll also give your inventory teams more time to deal with suppliers, manage customers and look at the bigger picture. Classifying your stock helps prevent a ‘blanket approach’.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

DECEMBER 7, 2024

Supplier performance is critical to business success, yet it remains one of the most challenging aspects of supply chain management. Can you really manage supplier performance, or are you limited to simply monitoring and hoping for the best? The supplier considers you to be a priority customer.

Tips 71

Tips Price Reduction Supply Chain Planning Software Vendor Strategies 71